Due Diligence

Due diligence is the process of evaluating a business situation from all aspects before making a decision.

In the education sector, due diligence principles are being applied prior to a school joining or forming a multi-academy trust. We are often asked to act on either side to support decision making around:

• Employment and HR related matters

• Finance

• Contracts and Service Level Agreements

• Governance

• Health and Safety

Due diligence is performed to protect both parties in uncovering potential liabilitiesand understanding financial matters to make sure the process is transparent.

During the past year our new multi-academy trust has been working with Avec on numerous different trust related projects. Avec offers the highest quality of service. We can say that we have always been delighted with the standard of their work.

As a fledgling trust, we have been particularly impressed with the strategic support that we have received in setting out a long-term plan for our trust. Both the financial and HR advice hasmeant that we are now in an excellent position to develop our early growth into a sustainable model for the future development of all of our schools.

Projects that Avec have supported us in have included trust finances, trust HR, the openingof a free school, trust wide strategy and development, training and converting schools into the academy. The breadth of their services and the depth of knowledge has made them invaluable.
For all the reasons stated, I would strongly recommend Avec and would be happy to share our experiences with you.

Nigel Ashley, CEO, Elevate Academy Trust, North Yorkshire.

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